AIYY vs. NVDY
Compare and contrast key facts about YieldMax AI Option Income Strategy ETF (AIYY) and YieldMax NVDA Option Income Strategy ETF (NVDY).
AIYY and NVDY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIYY is an actively managed fund by YieldMax. It was launched on Nov 27, 2023. NVDY is an actively managed fund by Tidal. It was launched on May 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIYY or NVDY.
Key characteristics
| AIYY | NVDY | |
|---|---|---|
| YTD Return | -30.26% | 85.36% |
| Daily Std Dev | 41.53% | 42.30% |
| Max Drawdown | -38.33% | -21.19% |
| Current Drawdown | -34.87% | -11.11% |
Correlation
The correlation between AIYY and NVDY is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AIYY vs. NVDY - Performance Comparison
In the year-to-date period, AIYY achieves a -30.26% return, which is significantly lower than NVDY's 85.36% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AIYY vs. NVDY - Expense Ratio Comparison
Both AIYY and NVDY have an expense ratio of 0.99%.
Risk-Adjusted Performance
AIYY vs. NVDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AI Option Income Strategy ETF (AIYY) and YieldMax NVDA Option Income Strategy ETF (NVDY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Not enough dataDividends
AIYY vs. NVDY - Dividend Comparison
AIYY's dividend yield for the trailing twelve months is around 65.66%, less than NVDY's 77.50% yield.
| TTM | 2023 | |
|---|---|---|
AIYY YieldMax AI Option Income Strategy ETF | 65.66% | 0.00% |
NVDY YieldMax NVDA Option Income Strategy ETF | 77.50% | 22.32% |
Drawdowns
AIYY vs. NVDY - Drawdown Comparison
The maximum AIYY drawdown since its inception was -38.33%, which is greater than NVDY's maximum drawdown of -21.19%. Use the drawdown chart below to compare losses from any high point for AIYY and NVDY. For additional features, visit the drawdowns tool.
Volatility
AIYY vs. NVDY - Volatility Comparison
The current volatility for YieldMax AI Option Income Strategy ETF (AIYY) is 11.90%, while YieldMax NVDA Option Income Strategy ETF (NVDY) has a volatility of 12.56%. This indicates that AIYY experiences smaller price fluctuations and is considered to be less risky than NVDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.